\begin{table}[h] \centering
\newcolumntype{R}{>{\raggedleft\arraybackslash}X}
\newcolumntype{L}{>{\raggedright\arraybackslash}X}
\newcolumntype{C}{>{\centering\arraybackslash}X}

\caption{Effects of electoral turnovers on country performance}
\label{tab:index_components_baseline}
\begin{tabularx}{\linewidth}{@{}lCCCCCCCC@{}}

\toprule
& (1) & (2) & (3) & (4) & (5) & (6) & (7) & (8) \tabularnewline 
{}&{\textbf{Econ. perf.}}&{GDP p.c. gr.}&{(Minus) Inflation}&{(Minus) Unemp.}&{Trade}&{\textbf{HDI}}&{\textbf{Democ.}}&{\textbf{General index}} \tabularnewline
\midrule \addlinespace[\belowrulesep]
El. turn.&0.269***&0.044&0.430**&0.221&0.249**&0.197&0.192**&0.276*** \tabularnewline
&(0.101)&(0.155)&(0.192)&(0.170)&(0.127)&(0.167)&(0.101)&(0.105) \tabularnewline
p-val&[0.003]&[0.841]&[0.012]&[0.101]&[0.028]&[0.173]&[0.043]&[0.004] \tabularnewline
\midrule N&2201&1815&1887&1331&1767&1305&2187&2356 \tabularnewline
N eff.&763&827&723&670&763&565&1194&861 \tabularnewline
Band.&13.5&19.5&14.8&21.6&17.4&18.0&23.8&14.4 \tabularnewline
\bottomrule \addlinespace[\belowrulesep]

\end{tabularx}
\\ \parbox{\linewidth}{\footnotesize \caption*{\footnotesize \emph{Notes}: This table reports RD estimates corresponding to equation (\ref{eq:baseline_rdd}) for our measures of country performance, expressed in standard deviation terms. We report local linear regression estimates from \cite{cctECMA2014}, robust standard errors in parentheses, the p-value associated with the robust confidence interval in brackets, the number of observations in the sample and in the bandwidth, and the MSERD-optimal bandwidth. $^{*} p<0.10,^{**} p<0.05,^{***} p<0.01$.}}
\end{table}
